RE:RE:RE:RE:RE:RE:Future ValuationI agree that a hostile would be difficult to orchestrate given the insider holdings. If the price is right enough for the shareholders and the insiders then so be it. I would take a fat bird in the hand right now over another 10 years staring at a bush waiting for two to fly out of it.
Would I give it away very cheap? No? How cheap? I don't really know but I like the 10x idea from today personally but that is just greedy perhaps. Then again, if they learn how to properly recycle, shred, revitalize and remanufacture batteries from high quality lithium batteries at an ever-increasing degree of efficiency the the value of the lithium that comes out of the ground (especially the highest grade stuff) should have a value that is many times more than the tonnage on first delivery. It has big and long-standing residual value as a re-sellable commodity.
I really don't know anymore what fair looks like in terms of pricing. But that the market. Apple was fair at 80$ 12 years ago. Bitcoin was fair at 1000$ 3 years ago. Who knows...?
Dare to dream.
But I feel really good that the bird in the hand is getting plump... longer we wait the better.
Sometimes having a good feeding frenzy of offers that forces you to sell is what the doctor ordered. Otherwise, I would have a tendency to sit and hold a vigil over it forever and never know when to pull the trigger. Force me to sell after a multi-bid run up please.